Middle and higher-income families are both consumers and investors--and the present rates ranging up to 91% not only check consumption but discourage investment, and encourage the diversion of funds and effort into activities aimed more at the avoidance of taxes than the efficient production of goods.
Special Message to the Congress on Tax Reduction and Reform.
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More from John Fitzgerald Kennedy
And third, it symbolizes the effort which we are giving and must be giving to organizing an effective communication system here in the United States of America.
Our goal is the development of the most efficient, economic, and the safest transportation system for all of our people.
Well, I don't think it is probably useful to discuss it in detail here.
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